All of the available supply of Bitcoin is only around $70B of value? Where does BlackRock even intend to get their holding from? They drive up the price while buying so much that they can now allocate the appropriate amount of funds under management to it? The sheer logistics of a thin liquidity, ultimate scarcity market, and a custodian that will need significantly more than the non-marginal value available is too much for my pea brain to even comprehend. #Bitcoin
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You’d be a good police sketch artist.